Monday, September 18, 2006

Billionaire speculator Soros says Democrats should subpoena the president

Should Democrats retake the House in November, George Soros says they should have one priority: Subpoena President George W. Bush.

The billionaire currency speculator, who poured more than $20 million of his personal fortune into efforts to unseat Bush in 2004, offered his opinions on American politics and foreign policy in a wide-ranging interview with
RAW STORY last week. In the exchange, he responded to questions on domestic politics, while criticizing the war in Iraq and efforts to contain nuclear technologies in Iran and Pakistan.

Soros wouldn’t say who he favored for the 2008 presidential race, but he did say Democrats should take bold moves should they win back the House of Representatives in November.

“Clearly,” he said, “using the subpoena power to bring to light the misdeeds by the administration would have to be, I think, a top priority.”
Asked whether he’s given thought to supporting moderate Republicans, he said he believed the party couldn’t be “recaptured from extremists” without the right wing of the caucus suffering defeats.

“I don't think it can be done without a defeat that will lead the Republicans to regroup, when the extremists are distracted,” he said. “Right now the extremists are still ridding themselves of the moderates in the Republican Party.”

“But I don't yet see moderates knocking out Republicans,” he added. “There are many radical or extremist challengers to moderates within the Republican Party, and very few -- if any -- to the extremists from moderates.”

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